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Forex News
Rally May Stall For South Korea Stock Market
The South Korea stock market has moved higher in four straight sessions, gathering more than 60 points or 2.5 percent along the way. The KOSPI now rests just above the 2,460-point plateau although it may be stuck in neutral on Tuesday.
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810 days ago
Australia Rate Decision On Tap For Tuesday
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to hike its benchmark lending rate by 25 basis points, from 3.35 percent to 3.60 percent.
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810 days ago
TSX Ends On Weak Note After Cautious Session
After a slightly weak start and a subsequent recovery Monday morning, the Canadian market retreated and spent the rest of the day's session in the red.
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810 days ago
Dollar Loses Ground Against Major Counterparts
The U.S. dollar drifted lower against its major counterparts on Monday with investors looking ahead to the testimony by the Federal Reserve Chair Jerome Powell and the crucial jobs data due later in the week, for clues on interest rates.
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810 days ago
Swiss Market Ends On Weak Note As Inflation Data Weighs
The Switzerland stock market, which emerged into positive territory after a weak start on Monday, retreated soon and spent the rest of the day's session in negative territory.
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810 days ago
European Stocks Close On Mixed Note After Cautious Session
European stocks closed on a mixed note on Monday as investors largely stayed cautious, looking for fresh directional clues.
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810 days ago
U.S. Factory Orders Pull Back Sharply In January
New orders for U.S. manufactured goods pulled back sharply in the month of January, according to a report released by the Commerce Department on Monday. The Commerce Department said factory orders slumped by 1.6 percent in January after surging by a downwardly revised 1.7 percent in December.
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810 days ago
more news
Canadian Shares Turning In Mixed Performance In Cautious Trade
Canadian shares are turning in a mixed performance on Monday with investors largely making cautious moves as they look for directional clues.
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810 days ago
Australian Dollar Falls As China Trims Economic Growth Target
The Australian dollar dropped against its most major counterparts in the European session on Monday, as China lowered economic growth target for this year, diminishing the likelihood of more stimulus to boost recovery.
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810 days ago
Dollar Retreats As China's Rebound Sparks Risk-on Sentiment
The week spanning February 27 to March 3 saw the Dollar's strength being challenged by the surprise rebound in China's manufacturing sector.
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810 days ago
UK Car Registrations Surge 26.2% In February: SMMT
British car registrations increased for the seventh straight month in February on the back of strong demand for battery electric vehicles along with easing supply-chain constraints, data from the Society of Motor Manufacturers and Traders, or SMMT, showed on Monday. Car registrations showed a double-digit annual growth of 26.2 percent in February following a 14.7 percent rise in January.
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810 days ago
Bay Street Likely To Open Lower
Canadian shares are likely to open on a negative note on Monday, tracking lower crude oil prices and sluggish metal futures.
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810 days ago
Ciena Q1 Results Top Estimates
Networking systems firm Ciena Corp. (CIEN) reported on Monday that profit for the first quarter increased from last year, driven by strong 25 percent revenue growth despite supply chain challenges. Adjusted earnings per share and quarterly revenues topped analysts' expectations.
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810 days ago
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